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166 Suffolk St, Lowell MA 01854

$435,000

Estimated $1,081.52/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $217,500

Total Rent: 15600/year

Estimated CAP Rate: 2.55%

5 Bedrooms

3 Full Baths

2,668 SqFt

Total Parking: 2

2,325 SqFt

Opportunity awaits! Two family with loads of potential. Located in the heart of downtown Lowell, minutes from shopping, dining and entertainment. A nice view of the Western canal of the Merrimac river. 1st floor unit features 3 bedrooms, spacious living room, dining room, great size kitchen, and full bath. Second floor unit has exact same floor plan minus a bedroom. Bonus attic space with full bathroom, partially finished basement has ample amounts of space for storage. Great investment Property! Property sold as is.

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 8:45am (Source: MLS PIN #73118380)

Gross Income: $15,600

Gross Expenses: $4,514

Net Income Calc: $11,086

CAP Rate: 2.55%

Water Views

Annual Expenses for 166 Suffolk St, Lowell MA 01854

Total Gross Expenses (Calculated)$4,514/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,514

Annual Income & Unit Breakdown for 166 Suffolk St, Lowell MA 01854

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 166 Suffolk St, Lowell MA 01854

Listing ID73118380

Property TypeMulti Family

Price$435,000 ($163.04/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,668 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking2

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningUMF

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 166 Suffolk St, Lowell MA 01854

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAll dimensions are approximate.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$15,600

Total Net Income By Broker$15,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 166 Suffolk St, Lowell MA 01854

Real Estate Taxes$4,514

Tax Year2022

Assessed Value$355,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$15,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$15,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.55%

Location Information for 166 Suffolk St, Lowell MA 01854

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station

Contact Information for 166 Suffolk St, Lowell MA 01854

Agent

Name: The Apex Team

Office

Name: Apex Realty Group, LLC

Phone: 978-276-3333

Team Members

Name: Irene Markos

Phone: 508-308-3341

Payment Calculator

, Interest

Property Taxes 376.17

Principal & Interest 2680.33

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Apex Realty Group, LLC

The Apex Team

Agent Phone

Office Phone

(978) 276-3333

Text Agent Call Agent Call Office

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                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:04
                    [modified] => 2024-05-07 08:46:04
                )

[21] => Array
                (
                    [id] => 7717689
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73118380&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:04
                    [modified] => 2024-05-07 08:46:04
                )

[22] => Array
                (
                    [id] => 7717690
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73118380&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:04
                    [modified] => 2024-05-07 08:46:04
                )

[23] => Array
                (
                    [id] => 7717691
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73118380&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:04
                    [modified] => 2024-05-07 08:46:04
                )

)

)

EXIT